Tokai Soft (4430) · InitiativeAchieved
Expanding Share Liquidity and the Investor Base Through Share Splits
First written in FY2020-Q1. 1 of 2 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020-Q2.
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- FY2020-Q2AchievedAnnual report
「Effective 1 November 2019, the Company conducted a 2-for-1 stock split of its common shares, increasing the total number of shares issued by 2,336,800.」
The planned 2-for-1 stock split from the previous quarter was carried out effective 1 November 2019, bringing the total number of shares issued to 4,673,600. - FY2020-Q1First statedAnnual report
「The purpose is to improve the liquidity of the Company's shares and broaden its investor base by reducing the investment unit per share. Effective as of the record date of 31 October 2019, the Company will conduct a 2-for-1 stock split of the common shares held by shareholders listed or recorded in the final shareholder register on that date.」
The Company disclosed a plan to conduct a 2-for-1 stock split to reduce the investment unit, improve share liquidity and broaden its investor base. The record date is 31 October 2019, and the effective date is 1 November 2019.